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  1. #1
    Mid
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    Thailand could lose Bt70 billion tourism revenue if unrest drags to 4Q08

    Thailand could lose Bt70 billion tourism revenue if unrest drags to 4Q08

    BANGKOK, Sept 5 (TNA) - Thailand could lose as high as Bt70 billion in tourism revenue from foreign visitors if political unrest in the country continues into the fourth quarter of 2008, according to a report issued by Kasikorn Research Center.

    The report said violent demonstrations had already eroded safety confidence among foreign tourists wishing to travel to Thailand and there are signs that Thailand could lose about Bt35 billion from foreign tourists spending if the political turmoil could end this month.

    If the unrest continues until the last quarter of 2008, the country is expected to lose tourism revenue from foreigners travelling to Thailand not less than Bt70 billion, it said.

    Of the total projected losing revenue, about Bt20 billion would come from hotel and resort, Bt18 billion from souvenir, jewellery and handicraft, and Bt32 billion from food and entertainment, it said.

    The kingdom earns about Bt600 billion annually from foreign tourists spending while staying in the country. (TNA)

    enews.mcot.net

  2. #2
    Thailand Expat
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    It'll all be cleared up before the high season.

    If not, they'll just make up the shortfall with more Russians and Chinese.

  3. #3
    Thailand Expat jandajoy's Avatar
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    Shit, I read 4008. If it dragged on that long they'd surely lose out.
    Having said that it probaby will.

  4. #4
    Mid
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    ^^

    understand that's part tongue in cheek ,

    though making up shortfalls is one thing that's always confused me , opportunities lost are just that ......... lost .

  5. #5
    Thailand Expat Texpat's Avatar
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    Seventy billion baht is only $2 billion. I would have expected the losses to be much greater than that.

    If total annual tourist receipts are 600B, this is only a drop of 11 percent. Airports, railways, roads stuffed up -- machete wielding maniacs on the streets ... an eleven percent decline is pretty tame.

  6. #6
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    Add in the Global credit crunch, runaway inflation, and the unrest in Thailand, you have a lethal combination.

  7. #7
    សុខសប្បាយ
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    People will still come for the cheap prostitutes.

  8. #8
    Have you got any cheese Thetyim's Avatar
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    Quote Originally Posted by Texpat
    If total annual tourist receipts are 600B, this is only a drop of 11 percent.
    Which is rather a stark contrast to the official who was in tears last week announcing a 90% holiday cancellation figure.
    Why do they keep feeding us this bullshit.

  9. #9
    Thailand Expat Texpat's Avatar
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    Because we're incapable of independent thought and will wholly accept what is printed -- in papers, blogs, graffiti or bathroom stalls.

    If it is printed, it is truth.

  10. #10
    I am in Jail
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    The hotel owners are rich, they can weather the storm. The Issaners and BKK poor will be hard hit, as usual.

    And what a crock! Then numbers are higher, much higher. They always lie about this stuff. After the tsunami I was in Phuket when there was a reported 30% decrease. I hardly saw a farang in two days. What I did see where hundreds of hungry hookers. Damn if I didn't feel handsome that weekend.

  11. #11
    Mid
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    New tourist 'attraction'
    Sun, Sep 07, 2008




    BANGKOK - THOUGH some tourists have opted not to visit Thailand amid a state of emergency and anti-government protests, the demonstrators' campground has attracted one type of visitor: budget travellers.

    Backpacking tourists, curious about emergency rule in the Thai capital, have toured the site in the main government complex, where 5,000 protesters have squatted in tents for nearly two weeks.

    Mr Daniel, a 25-year-old from Mexico, tucked into a bowl of free bright pink sugared ice with condensed milk while showing his father around the stalls selling plastic clappers and other souvenirs for 10 baht (S$0.42).

    'We just read the news and we thought it was interesting to come see how it was so we took a taxi over,' Mr Daniel, who declined to give his last name, told wire agencies.

    'We're not used to this in Mexico because they (protesters) have already taken over the government offices.'

    Prime Minister Samak Sundaravej imposed emergency rule on the capital last Tuesday, following a night of violence between bands of protesters.

    The protesters marched on the complex and set up camp on August 26, demanding Samak's resignation and refusing to budge until he stepped down.

    Budget travellers from Bangkok's nearby tourist district have since then mingled in with the protesters, scooping up boxes of free food and casually observing Thai politics in action.

    'We're just visiting Bangkok for a couple of days. We were at the palace and we knew there was a rally going on...so we wanted to see what it was,' said Mr Marco, a 35-year-old from Italy, who declined to give his last name.

    'It looks calm at the moment. My perception as a European is that even Sunday football seems more aggressive than this,' he said, apparently unaware of the violence that flared last Monday near the site, leaving one man dead and 43 injured.

    One visitor, 49-year-old John Jantak from Canada, stopped by the camp during his third visit to the kingdom. His bag was searched by guards for the anti-government People's Alliance for Democracy (PAD), which is spearheading the protests.

    'I think it's a good thing to have protests, because living in a democracy people have the right to express their feelings, but in terms of demanding the government be overthrown - that goes against my democratic principles,' he said.

    The protesters have accused the Thai prime minister of being corrupt and acting as a proxy for deposed premier Thaksin Shinawatra.

    Despite the interest among some travellers in the protest camp, tourism officials said the number of foreign arrivals at Bangkok's international airport is down 30 per cent on average figures.

    'I've noticed crowds (of tourists) have dwindled within the area of the nearby tourist district,' Mr Jantak said.

    'So I think it's going to have an effect on tourism.' -- AFP

    asiaone.com

  12. #12
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    Quote Originally Posted by EmperorTud View Post
    People will still come for the cheap prostitutes.
    Shocking. Where is this at?

  13. #13
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    Quote Originally Posted by Mid View Post
    Mr Daniel, a 25-year-old from Mexico, tucked into a bowl of free bright pink sugared ice with condensed milk

    I hope Mr. Daniel packed some Imodium D!!!

  14. #14
    Mid
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    source : the interweb .........

  15. #15
    bkkandrew
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    So funny - and 2008 was supposed to be the year of attracting 'quality' tourists at the expense of the dross!

  16. #16
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    Thing is it's been something every year for the past four or five years.

    SARS, Bird Flu, Tsunami, Bird Flu, Coup, Civil unrest, strong baht.

    People must really be hurting

  17. #17
    Hansum Man! panama hat's Avatar
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    Quote Originally Posted by Mid View Post


    source : the interweb .........


    Oh dear, wearing political slogans (I am guessing) . . . bloody stupid

  18. #18
    bkkandrew
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    Quote Originally Posted by mrsquirrel View Post
    Thing is it's been something every year for the past four or five years.

    SARS, Bird Flu, Tsunami, Bird Flu, Coup, Civil unrest, strong baht.

    People must really be hurting
    Ah, yes, the annual Thai fuck-up.

    For ease of planning, they ought to have each of them on a giant wheel (wheel-of-non-fortune) and give it a big spin every year!

  19. #19
    disturbance in the Turnip baldrick's Avatar
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    Quote Originally Posted by EmperorTud
    People will still come for the cheap prostitutes.
    what are they worth now ?

  20. #20
    Mid
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    Revenue collection for fiscal 2009 is worrying

    Revenue collection in the fiscal 2009 is of concern although the revenue earned for this year exceeded a target, according to the Revenue Department.

    Spokesman Sathit Rankasiri revealed the department managed to collect revenue for fiscal 2008 more than targeted by 50 billion baht, boosted by the increased collection from the tourism, export and banking sectors.

    However, the revenue collection for the fiscal 2009, which would start in October, appeared worrying because the persistent rally by the People's Alliance for Democracy-led protesters and the State of Emergency declaration had frightened foreign tourists.

    He said the hotel, tourism, transport and small- and medium-size businesses in provincial areas had been comprehensively affected by the ongoing political unrest.

    So, it is believed the political turmoil would have a direct impact on the department's competence in its revenue collection for the fiscal 2009, he added. (TNA)

    bangkokpost.com

  21. #21
    I am in Jail

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    Fewer tourists and a weaker baht can only be good news for the regulars. Prices and attitudes have gotten too high and a correction is due.

  22. #22
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    Quote Originally Posted by EmperorTud
    People will still come for the cheap prostitutes.
    The backbone of tourism

  23. #23
    Mid
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    Thailand organising roadshows to restore foreigners tourism confidence

    BANGKOK, Sept 18 (TNA) Thailand's Ministry of Tourism and Sports has dispatched a team of officials for a 'roadshow mission' in China to clarify the real political situation in the kingdom after the government lifted the State of Emergency decree in Bangkok on Sunday, according to Tourism and Sports Minister Weerasak Kowsurat.

    Mr. Weerasak said the team of ministry officials would focus on three aspects including the lack of violence in the demonstrations, that the State of Emergency decree has been lifted and that there was no longer a blockade at any airport.

    The decree, imposed by former prime minister Samak Sundaravej on September 2 following clashes between pro- and anti-government protesters in Bangkok.

    The aim of the mission was to give prospective Chinese tourists correct information and the understanding that Thailand is a safe place to visit now, just as it had been in the past, he said.

    In addition, he said, the similar roadshows are expected to be held in Japan, Korea, India, Russia and varied European countries to help restore confidence among foreign tourists.

    On Thursday, the ministry will also write an official letter to 26 embassies, all of which earlier issued warnings to their citizens to avoid visiting Thailand, to inform them of the current situation, said the minister.

    In relation to the Thai Hotels Association's proposal concerning the "Visa on Arrival" project to be launched for worldwide tourists during October to December, Mr. Weesarak stated he was open to the private sector's opinions, but that he would review the proposal's details and discuss them Thursday afternoon.

    The ministry added that new tourism policies will focus more on high-end tourists who are more desirable visitors, and not emphasise quantity, as the former are more likely to create sustainable tourism and value for investment.

    Mr. Weerasak said he is confident that outbound tourism revenue will increase by 5 per cent from the total balance of Bt600 billion.

    Regarding the domestic market, the income is expected to rise from 5 per cent from the equivalent returns of Bt380 billion.

    Due to earlier skyrocketing oil prices, domestic market growth has declined from last year, during which it grew 10 per cent.

    In order to support more Thai tourism, the ministry will negotiate with airlines and travel agencies, asking them to reduce airfares, as fuel costs have already declined. (TNA)

    enews.mcot.net

  24. #24
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    It strikes me that they still insist on their silly "high end tourist" policies.
    High end tourists will automatically come if infrastructure, service and attractions are on an adequately high level, not because of some policies to get rid of backpackers. Tis' a simple economic mechanism, the more popular a place becomes, the more expensive it will be an thus creating opportunities to upgrade a place and make it even more profitable. Backpackers "discover" a place, simple huts will be put up, the place gradually gets more visitors, infrastructure improves, prices go up etc etc.. But not even the major tourist destinations have proper roads and safe footpaths. Thailand's just not the Maledives, still plenty of space for top hotels and top end tourists, if they're good enough to attract them..

  25. #25
    Days Work Done! Norton's Avatar
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    Quote Originally Posted by plorf
    It strikes me that they still insist on their silly "high end tourist" policies
    High end tourism may be fine for some countries but Thailand has the size and capacity to attract both low budget and high. Focusing only the high is silly as you say.

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